TRUMP Token Surges 12.4% as Bullish Sentiment Fuels Market Rally
The TRUMP token has emerged as the top performer over the past 24 hours, recording a significant 12.4% price increase as market sentiment shifts bullish. Futures traders are taking aggressive positions, with open interest soaring 28.42% to $724.48 million, according to Coinglass data.
The derivatives market reflects growing confidence, with 73.64% of traders betting on further upside. Spot market selling pressure has noticeably eased, setting the stage for a potential sustained rally. Market structure indicators suggest this upward movement may still be in its early phases, as capital inflows into TRUMP-related instruments gain momentum.